Microsoft is seeking to purchase much more studios at the same time as it really works to finalize its $75 billion acquisition of Activision Blizzard. In an interview with CNBC’s Squawk Asia, Microsoft Gaming CEO Phil Spencer mentioned that they’re open to buying extra online game studios to stay aggressive with different big-name online game firms like Sony and Tencent, each of which have snapped up a number of smaller studios over the previous few years.
“This is such a competitive market, I don’t think we get to press pause on anything,” Spencer mentioned. “Tencent is the largest gaming company on the planet today, and they continue to heavily invest in gaming content and game creators.”
“Sony is a larger business than we are in gaming today, and they continue to invest. It’s a highly, highly competitive market,” he added. “The executive concluded, “We strive to be a major player. We want to deliver great content for our players, and we’re going to remain active.”
Embracer Group and Enad Global 7 are additionally seeking to safe their foothold within the video video games market with a number of acquisitions in the midst of just a few months. Spencer, nevertheless, insisted that they don’t have any plans to accumulate Discord saying that he’s content material with the collaborative relationship that they’ve with the corporate. Although, they could be seeking to increase into the JRPG market, which Spencer notes is presently dominated by Sony and Nintendo and has been significantly difficult for Microsoft to enter.
Spencer additionally revealed that they’ve been speaking with Japanese builders to construct working relationships with them that can meet Microsoft’s wants. He additionally mentioned that they don’t plan on growing the worth of next-gen Xbox consoles following the latest PlayStation 5 worth hike throughout the globe.